Today in Miami, the WBC conducted a purse bid for the WBC Heavyweight championship, with champion Deontay Wilder facing mandatory challenger Alexander Povetkin.
According to the WBC, Povetkin’s side won the bid.
World of Boxing wins purse bid for @BronzeBomber vs @APovetkin with $7 million 150 thousand Usd . @WBCBoxing
— Mauricio Sulaiman (@wbcmoro) February 26, 2016
According to the WBC, they have instituted a new rule that for all WBC bouts that go to purse bid, 10 percent of the total amount is reserved to be paid as a bonus to the winner of the fight.
The total amount of the winning bid will be divided as follows:
• 10% of the total amount will be reserved in escrow and will be awarded to the winner of the fight.
• The remaining 90% of the total bid will be divided 70% for champion Wilder and 30% for mandatory challenger Povetkin.
According to ESPN.com’s Dan Rafael, Lou DiBella’s bid fell short.
DiBella bid on Wilder-Povetkin was $5,101,000,42.
— Dan Rafael (@danrafaelespn) February 26, 2016
DiBella did have some choice words for Povetkin if indeed the fight against Wilder goes down in Russia.
On #WilderPovetkin, @loudibella: 'If they put fight in Russia then I hope Mr. Putin can personally attend so he can watch Sasha get KO'd'
— Dan Rafael (@danrafaelespn) February 26, 2016
Boxing Scene’s Jake Donovan stated on Twitter that the fight must take place within the next 90 days.
No date or venue set for #WilderPovetkin. World of Boxing has 15 days to submit bout contracts; fight must take place within next 90 days
— Jake Donovan (@JakeNDaBox) February 26, 2016
Who wins Deontay Wilder vs. Alexander Povetkin?
